Danailov, Georgi Todorov

Danailov, Georgi Todorov

Born May 3, 1872. in Svishtov; died Oct. 22, 1939, in Sofia. Bulgarian economist; public and political figure.

In 1891, Danailov graduated from a Sofia Gymnasium and in 1895 from Moscow University. From 1897 he was assistant professor (docent) and from 1902 professor of political economy of the law department of the University of Sofia. From 1909 to 1934 he was a deputy to the Great National Assembly. In 1917 he was minister of trade and in 1930 minister of public services and utilities, communications, and public construction. He was the author of basic works on political economy, statistics, demography, and the history of the national economy. He championed the idea of the capitalist development of Bulgaria. His major work was Basic Principles of Political Economy (1906; 2nd ed., 1934).

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